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Grinders in US market.

US companies purchased $745.8 million in grinding machines during 1999 under the security of a continuing strong manufacturing economy. The 11,822 units that form the basis for those sales figures represent only 5% of the 261,813 grinding machines currently in use by industry and only 7% of the industry's grinding machines that are more than 11 years old. These figures reflect the relatively slow rate at which companies acquire new equipment to take advantage of new CNC controls and advanced abrasive products. US shipments of grinding and polishing equipment dropped to 55,129 units in 1999, down from a high of 112,443 units in 1997. The decrease shows changes in buyer activities and the impact of imported machines and closures of US manufacturers. These and other figures are contained in The Economic Handbook of the Machine Tool Industry, published by AMT--The Association For Manufacturing Technology, McLean, VA.
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Title Annotation:grinding machines sales statistics, 1999
Comment:Grinders in US market.(grinding machines sales statistics, 1999)
Author:Giese, Theodore L
Publication:Tooling & Production
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 1, 2000
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